The Charles Schwab Corporation (SCHW) in a Phase of Robust Growth as a Long Term Stock to Buy

The Charles Schwab Corporation (NYSE:SCHW) is one of the top stocks to buy for the long-term. On May 15, TD Cowen reiterated a Buy rating on The Charles Schwab Corporation (NYSE:SCHW) and raised the price target to $109 from $108. The research firm also raised its adjusted earnings per share for 2026 and 2027.

The Charles Schwab Corporation (SCHW) in a Phase of Robust Growth as a Long Term Stock to Buy

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The new $109 price target represents 15 times TD Cowen’s 2027 earnings estimate compared to the previous 16 times. Additionally, the research firm has touted the company’s higher earnings projections, which appear balanced against the lower valuation multiples.

Charles Schwab Corporation released its Monthly Activity Report, which showed that core net new assets totaled $7.2 billion in April, consistent with prior years. Total client assets were up 27% to $12.61 trillion, as New Brokerage accounts opened remained flat at 437,000. On the other hand, average interest-earning assets were up 3% year over year to $444.6 billion in April and up 2% from March 2026.

The Charles Schwab Corporation (NYSE:SCHW) is a major American financial services company that operates as a brokerage firm, bank, and wealth management provider. It provides everyday investors and institutions with tools to trade, save, and invest in the financial markets.

While we acknowledge the risk and potential of SCHW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SCHW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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